The day the Democrats took over control of Congress was not January 22nd 2009, but two years earlier on January 3rd 2007. They took over the House of Representatives and the Senate, at the start of the 110th Congress. The Democratic Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995. This is when Nancy Pelosi became Speaker of the House (2nd in line for the Presidency), and Harry Reid became Majority Leader of the Senate.
For those who are listening to the liberals propagating the fallacy that everything is “Bush’s Fault”, think about this:
At the time (January 3rd, 2007):
The DOW Jones closed at 12,621.77
The GDP for the previous quarter was 3.5%
The Unemployment rate was 4.6%
George Bush’s Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION!
Remember the day…
January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dod took over the Senate Banking Committee.
The economic meltdown that happened 15 months later was in what part of the economy?
BANKING AND FINANCIAL SERVICES!
Thank Congress for taking us from 13,000 DOW, 3.5 GDP and 4.6% Unemployment to this CRISIS by dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac fiasco’s!
(BTW: Bush asked Congress 17 TIMES to stop Fannie & Freddie – starting in 2001, because it was financially risky for the U.S. economy, but no one was listening).
And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac?
OBAMA.
And who fought against reform of Fannie and Freddie???
OBAMA and the Democratic Congress.
So when someone tries to blame Bush…
REMEMBER JANUARY 3rd, 2007…. THE DAY THE DEMOCRATS TOOK OVER!” Bush may have been in the car, but the Democrats were in charge of the gas pedal and steering wheel – they were driving. Set the record straight on Bush!
So, as you listen to all the commercials and media from the Democrats who are now distancing themselves from their voting record and their party, remember how they didn’t listen to you when you said you didn’t want all the bailouts, you didn’t want the health care bill, you didn’t want cap and trade, you didn’t want them to continue spending money we don’t have.
Budgets do not come from the White House. They come from Congress and the party that controlled Congress since January 2007 is the Democratic Party.
In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.
For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the 2009 budget.
And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete 2009. Let’s remember what the deficits looked like during that period:
If the Democrats inherited any deficit, it was the 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets.
If Obama inherited anything, he inherited it from himself.
In a nutshell, what Obama is saying is “I inherited a deficit that I voted for,
And then I voted to expand that deficit four-fold since January 20th.”
There is no way this will be widely publicized, unless each of us sends it on!
“The problems we face today exist because the people who work for a living are outnumbered by those who vote for a living.”
